Senate advances CLARITY Act, Bitcoin price outlook slightly optimistic
The Senate's progress on the CLARITY Act could enhance regulatory certainty, potentially boosting Bitcoin's long-term market confidence.
BIP-110 proponents are debating whether to change the proof-of-work algorithm on their stalled minority chain after it managed to mine only two blocks before Bitcoin’s enormous difficulty effectively brought activity to a signficant crawl. The BIP-110 chain split from Bitcoin after mandatory signaling began at block 961632 on Aug. 8.
The failed fork highlights the resilience of Bitcoin's main chain and underscores the challenges of altering its decentralized protocol.
August 9, 2026, 7:40 pmThe breakaway chain drew just 2.53% of mining support, leaving its blocks hours apart and roughly 350 days from a difficulty adjustment while the main network powered ahead.
August 9, 2026, 7:33 pmThe Senate's progress on the CLARITY Act could enhance regulatory certainty, potentially boosting Bitcoin's long-term market confidence.
Japan’s exit from decades of ultra-low interest rates is beginning to expose the hidden costs of higher borrowing costs. The country’s four largest life insurers are now sitting on roughly $96 billion in unrealized losses on Japanese government bonds (JGBs). On their own, the losses are largely an accounting issue.
Production and managed hashrate fell in July, while the price and economics of the prepaid capacity remain undisclosed.
Bitcoin risks a slide to $57K as unliquidated longs stack below price and demand stays weak.
The incident highlights potential regulatory and competitive challenges for US AI platforms, pushing researchers toward international alternatives.
The case highlights the evolving legal recognition of digital assets in China, potentially influencing future crypto-related rulings.
Stacks' rise in Bitcoin usage highlights the growing importance of Bitcoin layer-2 solutions in enhancing blockchain scalability and DeFi integration.
Michael Saylor posted Strategy’s bitcoin chart on Aug. 9 with a two-word caption. Days earlier, the company disclosed another bitcoin sale, leaving 842,138 BTC on the books and raising fresh questions about its next move. Two Words, No Answer Michael Saylor, executive chairman of Strategy Inc.
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk.